employee share awards...they change their compensation scheme? employee share awards is a real cost...maybe they cut bonus and replace with shares awards? give shares no need cash......kikiki...
The sales revenue was comparable to previous quarter. The profit before tax, if without taken into consideration of RM3.4million shares award, it should have been RM13.6million, an increase of 14% instead of a decrease of 14%. However, the profit after tax dropped from RM11.9million to RM4.8million. The lower profit after tax was mainly due to RM3.4million shares award and RM5.2million deferred taxation as mentioned in Note 12.
Actually the profit before/after tax both are better than previous Q.
I agree that esos is good for employee retention. I just want to say it is a real cost that cannot be ignored. let's say, if without the esos, the company need to fork out more cash for salary and bonuses as part of their admin expenses. so we should not simply exclude it and assume it is not a cost.
ks5S hartalega, top glove all got ESOS. This get the employee motivated and get the company growth faster. 29/03/2018 21:02
btw, i did not imply comfort result is bad ya....don't get me wrong....operating profit wise, i think it maintained loh, yoy improved, qoq drop a bit because i treat esos as real.
read the content la dont just look at numbers. In total they earn more than last quarter but this time they use some of the money to buy shares for their employee and tax deferment
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chl1989
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Posted by chl1989 > 2018-03-29 20:20 | Report Abuse
results is bad. plz sell. sell to me :)